Kentucky Colleges Financial Aid Trends

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Kentucky Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 109,661, which is 82.44 % of all undergraduate students. 64,816 students which is 57.89% of undergraduate students received federal student loans and the average loan amount: $6,815.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	109,964 (82%)	$9,966	54,377 (54%)	$3,985	75,584 (66%)	$6,979
2014-15	109,004 (82%)	$10,481	53,496 (55%)	$3,994	73,606 (65%)	$7,134
2015-16	106,347 (82%)	$11,295	49,255 (51%)	$4,159	69,223 (62%)	$6,916
2016-17	107,911 (83%)	$11,716	46,676 (49%)	$4,175	67,433 (60%)	$7,095
2017-18	109,227 (78%)	$12,426	45,947 (43%)	$4,302	65,035 (54%)	$6,849
2018-19	110,326 (83%)	$13,627	46,190 (46%)	$4,496	63,122 (57%)	$6,594
2019-20	109,759 (83%)	$14,476	44,522 (44%)	$4,527	60,841 (56%)	$6,703
2020-21	111,398 (83%)	$15,074	43,248 (43%)	$4,722	56,275 (52%)	$6,518
2021-22	113,011 (86%)	$16,338	42,199 (42%)	$4,710	52,225 (49%)	$6,543
Average	109,661 (82.44%)	$12,822	47,323 (47.44%)	$4,341	64,816 (57.89%)	$6,815

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 23,579 (93.89 % of students) received grants or scholarships and its average amount is $14,065. It can cover 62.76% of tuition & fees ($22,412) based on out-of-state rate. In addition, 13,920 (65.11 % of students) students get helped from the students loans (average amount : $6,844).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	23,609 (93%)	$10,684	15,313 (73%)	$7,111
2014-15	24,007 (92%)	$11,341	15,137 (69%)	$6,969
2015-16	23,876 (93%)	$12,271	14,551 (69%)	$7,006
2016-17	23,419 (94%)	$12,607	14,550 (70%)	$7,036
2017-18	23,359 (94%)	$13,866	14,310 (66%)	$6,312
2018-19	24,025 (95%)	$15,636	13,947 (63%)	$6,805
2019-20	23,823 (94%)	$15,999	13,628 (60%)	$6,975
2020-21	23,443 (95%)	$16,473	12,318 (61%)	$6,854
2021-22	22,646 (95%)	$17,708	11,526 (55%)	$6,526
Average	23,579 (93.89%)	$14,065	13,920 (65.11%)	$6,844

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 10,041 (55.22 % of students) received Pell (federal) grants and its average amount is $4,540. In addition, 16,804 students received State/local government grants/scholarships (58.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	10,834 (62%)	$4,237	3,097 (21%)	$927	17,024 (50%)	$2,948	15,937 (72%)	$7,720
2014-15	10,684 (59%)	$4,371	3,016 (23%)	$948	17,085 (59%)	$3,171	16,698 (74%)	$8,306
2015-16	10,056 (56%)	$4,464	3,093 (23%)	$970	17,158 (55%)	$3,395	17,063 (76%)	$8,867
2016-17	9,829 (56%)	$4,362	3,141 (25%)	$847	17,063 (55%)	$3,416	17,222 (79%)	$9,122
2017-18	10,224 (54%)	$4,355	2,903 (17%)	$867	16,796 (60%)	$3,492	18,184 (80%)	$10,128
2018-19	10,271 (55%)	$4,676	3,661 (24%)	$925	17,129 (60%)	$3,711	20,183 (85%)	$11,128
2019-20	9,950 (54%)	$4,820	7,630 (42%)	$1,120	16,601 (63%)	$3,917	20,143 (85%)	$11,481
2020-21	9,356 (51%)	$4,870	9,842 (52%)	$1,286	16,455 (62%)	$3,651	20,498 (83%)	$11,893
2021-22	9,168 (50%)	$4,702	7,589 (39%)	$1,719	15,926 (61%)	$4,268	20,539 (87%)	$13,008
Average	10,041 (55.22%)	$4,540	4,886 (29.56%)	$1,068	16,804 (58.33%)	$3,552	18,496 (80.11%)	$10,184

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 13,920 (65.11 % of students) get any students loan help and its average loan amount is $13,920.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	15,313 (73%)	$7,111	15,059 (73%)	$6,438	1,368 (8%)	$8,105
2014-15	15,137 (69%)	$6,969	14,938 (71%)	$6,123	1,365 (8%)	$8,990
2015-16	14,551 (69%)	$7,006	14,334 (71%)	$6,142	1,435 (8%)	$9,660
2016-17	14,550 (70%)	$7,036	14,314 (70%)	$6,194	1,532 (7%)	$9,169
2017-18	14,310 (66%)	$6,312	14,056 (66%)	$5,380	1,583 (7%)	$9,904
2018-19	13,947 (63%)	$6,805	13,659 (65%)	$5,687	1,787 (8%)	$9,747
2019-20	13,628 (60%)	$6,975	13,332 (63%)	$5,754	1,890 (9%)	$9,547
2020-21	12,318 (61%)	$6,854	11,983 (62%)	$5,753	1,519 (7%)	$10,365
2021-22	11,526 (55%)	$6,526	11,257 (56%)	$5,344	1,471 (7%)	$10,510
Average	13,920 (65.11%)	$6,844	13,659 (66.33%)	$5,868	1,550 (7.67%)	$9,555

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Grants, Scholarships, and Student Loan Stats Trends for Kentucky Colleges

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time